会计学院知识库

     High quality accounting information is an important guarantee for the healthy development of capital market, and transparency of accounting information is an important feature of high quality accounting information.Although the transparency of accounting information of listed companies in China has been greatly improved in recent years,how to further improve the transparency of accounting information is still one of the most concerned topics in both academic and practical circles.Group control ability has always been the focus of attention as an important factor affecting the transparency of enterprise accounting information,Financial shared service center has been applied and implemented by more and more enterprises as an effective tool for digital transformation of enterprise groups,So whether the construction and operation of financial sharing service center will strengthen group control,and then affect the transparency of enterprise accounting information?What is its internal mechanism?Is this influence influenced by characteristics such as group size?

       From this,with A-share listed companies in Shanghai and Shenzhen from 2001 to 2019 as a sample, this paper empirically analyzes the influence of financial service center on accounting information transparency and the moderating effect of enterprise group size on the relationship between financial shared service center and accounting information transparency by using the method of PSM-DID.On this basis,the stepwise test approach and bootstrap method were used to further investigate the mediating effect of internal control.

     It is found that the establishment of financial shared service center can effectively improve the transparency of accounting information of enterprises,and the larger the enterprise group size,the more obvious the improvement effect of financial shared service center on the transparency of accounting information.After the placebo test,the replacement of explained variables and other robustness tests,the conclusion is still valid.Further research shows that internal control plays an important mediating role in this process.

    The research in this paper has enlightenment significance for enterprise groups to improve the transparency of accounting information and the image of enterprises, by strengthening the construction of financial sharing service centers according to own scale.